That might sound counterintuitive with all the “HODL strong” rally cries, but as a heads up, wash sale rules don’t apply to cryptocurrency in the United States, so if you’re down a reasonable amount or we see another big dip, why not do a little tax-loss harvesting? Just sell to lock in whatever loss you have and immediately re-buy! Then you’ll be well on your way to accumulating little tax offsets that can be claimed years down the road as needed.
Anyway, hopefully someone finds this useful. I know I found this little loophole rather exciting. Just don’t go too crazy with the whole buy high, sell low strategy 
A link for more info: [https://www.cnbc.com/2021/07/25/tax-loophole-wash-sale-rules-dont-apply-to-bitcoin-ethereum-dogecoin.html](https://www.cnbc.com/2021/07/25/tax-loophole-wash-sale-rules-dont-apply-to-bitcoin-ethereum-dogecoin.html)
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